PPP Loan information for Caro-polymers inc

$79,158

Caro-polymers inc was initially approved for PPP Loan of amount $79,158, the current approved amount is $79,158. The loan was approved on 03/13/2021 by The Truist Bank reported 11 jobs and $79,158 was used to fund payroll.

Caro-polymers inc is Existing or more than 2 years old

PPP Loan Search / NC / Bessemer City / Caro-polymers inc

CARO-POLYMERS INC

Date Approved

03/13/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

CARO-POLYMERS INC

Borrower Address

611 Bess Town Rd

Borrower City

Bessemer City

Borrower State

NC

Borrower Zip

28016-7544

Loan Status Date

07/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

79157.75

Current Approval Amount

79157.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bessemer City

Project County Name

GASTON

Project State

NC

Project Zip

28016-7544

CD

NC-10

Jobs Reported

11

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

79153.75

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

80191.20

Forgiveness Date

06/29/2022

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